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Home / Author Archives: M. Faizan

Author Archives: M. Faizan

FBR forms unit to supervise border services project

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ISLAMABAD: A Project Management Unit (PMU) has been formed in the Federal Board of Revenue (FBR) to supervise and complete the border services project in time. According to the details, the financial cost of the unit is included in PC-I. At the border crossing point level, the National Logistic Cell (NLC) will act as Project Implementation Unit (PIU) to supervise ... Read More »

FBR needs 141.5 acre to improve Wagah Border Crossing Project

Tariq Mahmood Pasha

SLAMABAD: Under the Integrated Transit Trade Management System, the Federal Board of Revenue (FBR) needs a total of 141.5 acres of land at Wagah border. However, the government already owns 65 acre through National Logistics Cell (NLC). Sources told Customs Today that project consultants have identified 76 acres of additional land to set up new export and import processing facilities. ... Read More »

FBR Islamabad uncovers mis-declaration of Rs39.405m by M/s Charisma Catering

tax evasion

ISLAMABAD: The Directorate General, Customs Intelligence and Investigation, Federal Board of Revenue Islamabad has detected a case of tax evasion through mis-declaration amounting to Rs39.405 million by M/s Charisma Catering, Rose Arcade, Sector G-11, Markaz Islamabad. According to details, Director, Directorate of Intelligence and Investigation FBR, received a tip-off that M/s Charisma Catering Islamabad has imported polyester and viscose fabrics ... Read More »

NDP contraband Toyota Hilux Surf impounded by ASO Islamabad

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ISLAMABAD: The Anti-Smuggling Organization of the Directorate General Customs Intelligence and Investigation, Federal Board of Revenue Rawalpindi, has taken into possession the foreign origin used non-duty-paid smuggled Toyota Hilux surf worth Rs1.85million. According to the sources, the anti-smuggling staff of the Rawalpindi Directorate Customs Intelligence has received a tip-off that a foreign origin used Toyota Hilux with a fake registration ... Read More »

FBR assigns Rs 600 billion customs duty collection target for FY2017-18

Tariq Mahmood Pasha

ISLAMABAD: The Federal Board of Revenue (FBR) has set Rs 600 billion revenue collection target under the head of customs duty for the current financial year (2017-18), which is almost 30 percent higher than the last financial year. A decision to this effect was taken during a recently concluded Chief Collectors and Director General’s conference held at the FBR headquarters. ... Read More »

Heavy duty NDP Hino dumper taken into possession by Special Car Cell Islamabad

2017-08-16 18.16.09

ISLAMABAD: A Special Car Cell, Directorate General, Customs Intelligence and Investigation Headquarters, Federal Board of Revenue Islamabad, has impounded a non-duty-paid heavy duty smuggling vehicle used for construction projects worth Rs4.5million. According to sources, staff of the Special Car Cell received a tip-off that a foreign origin used non-duty-paid heavy smuggling vehicle Hino 8C 24 valve dumper with registration plate ... Read More »

Special Car Cell Islamabad takes NDP smuggled Toyota Hilux into possession

2017-08-16 18.25.49

ISLAMABAD: Special Car Cell, Directorate General of Customs Intelligence and Investigation, Federal Board of Revenue Islamabad has impounded a non-duty-paid smuggled Toyota Hilux Surf worth Rs3.5million. According to sources, Special Car Cell received a tip-off that the said non-duty-paid smuggled vehicle, Model 2005, with registration plate No: BF-9705 Sindh is moving around Sector F-10, Markaz Islamabad. The staff of the ... Read More »

Govt will introduce “Amnesty Scheme” for offshore company holders soon: Mamnoon

President Mamnoon Hussain

ISLAMABAD: President of Pakistan Mamnoon Hussain has disclosed that the government is bringing an “Amnesty Scheme” for offshore company and foreign countries’ bank account holders. According to the scheme, those Pakistanis, who have deposited their wealth into the Swiss Banks secretly, will also be able to benefit from this scheme. Although Federal Board of Revenue has not confirmed this news ... Read More »

Mercedes Benz taken into possession by Islamabad Customs after chase

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ISLAMABAD: Directorate General, Customs Intelligence and Investigation, Federal Board of Revenue, Rawalpindi, has impounded a non-duty-paid smuggled Mercedes Benz E 270 CDI motor car worth Rs12.9million. According to sources, anti-smuggling staff of the Directorate General Customs Intelligence received a tip-off that a foreign origin used non-duty-paid smuggled Mercedes car with a fake registration No: ANU-427 Sindh, Model 2004, is moving ... Read More »

Govt directs FBR to start investigations about $17.5m money laundering case

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ISLAMABAD: Chinese government requested to the Pakistani government regarding the issue of money laundering of $17.5 million by the Chinese company M/s Yabit, a contractor company of Multan Metro Bus Project. Sources told Customs Today that on the request of Chinese government, Pakistani government has directed the Federal Board of Revenue to investigate the matter. Federal Board of Revenue has ... Read More »

FBR will not revise revenue collection targets for FY2017-18: Dr Iqbal

Photo MP FBR Dr Iqbal 3

ISLAMABAD: Member Inland Revenue Policy and spokesman Federal Board of Revenue Dr. Muhammad Iqbal, has made it clear that and Dubai Iqama’s will not affect the agreement between Pakistan and Switzerland on exchange of information. In an interview with Customs Today, Dr Iqbal said that Swiss government will 100 percent comply with agreement. Dubai and Saudi Iqamas will not save ... Read More »

Customs seizes non duty paid Kawasaki Ninja from Behria Town

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ISLAMABAD: Directorate General Customs intelligence and Investigation has seized non duty paid smuggled unregistered heavy motorcycle Kawasaki Ninja, worth Rs7,000,00. According to sources special car cell received an information through informer that non duty paid smuggled Kawasaki Ninja Model 2010 (250CC) unregistered having chassis no. JLAEXMJ 18 ADA 67873 parked at the parking area, Commercial Area Bahria Town, Phase-vIII, Rawalpindi. ... Read More »

Customs Intelligence generates Rs 20m through auction of non-duty paid vehicles, cloth

MemberLegalShaukatAli

ISLAMABAD: Directorate General Customs Intelligence and Investigation, Federal Board of Revenue, Rawalpindi, has fetched Rs 20 million through successful auction of non-duty paid impounded vehicles and foreign origin cloth. The auction was held under the supervision of Additional Director Abdul Waheed Marwat while Deputy Director Afzal Watto directly conducted the process of auction in a transparent manner and all vehicles ... Read More »

FBR chairman Pasha to personally hear appeals of suspended appraiser, inspectors

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ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Mehmood Pasha will hear final appeals in corruption cases against seven customs officials including appraiser and inspectors of the Customs Collectorate of Quetta. The officials were suspended on the charges of corruption, misconduct and misuse of powers and government resources and the investigation reports found them guilty of inefficiency and misconduct. The ... Read More »

Customs Intelligence impounds non-duty paid Toyota Mark X worth Rs 2.45m

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ISLAMABAD: The Directorate General of Customs Intelligence and Investigation, Federal Board of Revenue, has seized a non-duty paid vehicle, Toyota Mark X, worth Rs 2.45 million. Reportedly, Balochistan Chief Minister Secretariat was written on the number plate of the vehicle. However, sources disclosed that the chief minister’s name was used to bring the non-duty paid vehicle in Islamabad. Sources told ... Read More »

Tax filing system will be simplified: FBR Chairman Tariq Pasha

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ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Mehmood Pasha has assured the representatives of the Pakistan Anjuman-e-Tajran and Tajran Action Committee that tax filing system and process will be simplified so that less educated persons could submit tax returns without the help of any lawyer. He stated this during a meeting with a delegation of the two traders organizations ... Read More »

FBR chairman Pasha to personally hear appeals filed by six suspended inspectors

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ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Mehmood Pasha will personally listen to appeals filed by six inspectors of the Inland Revenue Service. The names of inspectors are Waqar Ahmed Khan, Asad Mehmood, Shafqatul Zaman, Akmal Hussain Shah, Muhammad Javaid and Muhammad Imran. According to the details, all inspectors are working in different Regional Tax Offices. These inspectors are ... Read More »

FBR to take measures for broadening tax base through using national data

fbr

ISLAMABAD: FBR will start an intensive effort to Broadening the Tax Base through using the National Data and soon would be finalized a detailed implementation plan in this regard. According to the details, the national data would be used in various ways for this purpose including its usage for acquisition of data through profiling loading and data mining & usage. ... Read More »

FBR chairman Pasha to brief Senate body on role of private banks

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ISLAMABAD: Chairman Federal Board of Revenue (FBR) Tariq Mehmood Pasha and his team will brief Senate Standing Committee for Finance, Revenue, Economic Affairs, Statistics and Privatization on the rules made under Benami Act, 2017. The meeting of committee will be held under the chairmanship Senator Saleem Mandviwala. Committee will discuss the issues and reply submitted by the Federal Board of ... Read More »

FBR Chairman Pasha hails performance of Customs Intelligence and investigation

Shaukat Ali

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Mehmood Pasha has paid a surprise visit to headquarters of the Directorate General of Customs Intelligence and investigation (I&I) Islamabad Director General Shaukat Ali welcomed the chairman and briefed him on the performance of his department. Ali told the chairman that the directorate seized goods worth Rs 8.11 billion during the last ... Read More »